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CM - Halliburton reports fourth annual net loss, this time at $1.13B - January 2020



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Halliburton reported a $1.13 billion net loss for 2019 on revenue of $22.4 billion, writing down $1.6 billion in assets and incurring $2.5 billion in other operating expenses. It earned $1.66 billion on revenue of $24 billion in 2018. The 2019 operating loss of $448 million compared with operating income of $2.5 billion in 2018. Adjusted operating income was $2.1 billion versus $2.7 billion for 2018. CEO Jeff Miller said the company needed a......
 
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